Amaze Shares Set to Reverse Split on Monday, July 27th (NYSEAMERICAN:AMZE)

Shares of Amaze Holdings (NYSEAMERICAN:AMZE) are scheduled to reverse split on the morning of Monday, July 27th. The 1-8 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the market closes on Sunday, July 26th.

Amaze Price Performance

AMZE remained flat at $0.09 on Wednesday. The business’s fifty day moving average is $0.14. Amaze has a 52-week low of $0.07 and a 52-week high of $11.70. The firm has a market capitalization of $5.43 million, a PE ratio of -0.01 and a beta of 1.64.

Amaze (NYSEAMERICAN:AMZE) last issued its quarterly earnings data on Friday, May 15th. The company reported ($0.16) earnings per share (EPS) for the quarter. The firm had revenue of $0.47 million for the quarter. As a group, sell-side analysts expect that Amaze will post 0.16 EPS for the current year.

Insider Activity at Amaze

In related news, CEO Aaron Day acquired 470,000 shares of the stock in a transaction on Wednesday, May 20th. The shares were acquired at an average price of $0.14 per share, for a total transaction of $65,800.00. Following the transaction, the chief executive officer owned 1,045,315 shares in the company, valued at approximately $146,344.10. This trade represents a 81.69% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 1.90% of the stock is owned by insiders.

Institutional Trading of Amaze

An institutional investor recently raised its stake in Amaze stock. Geode Capital Management LLC grew its stake in Amaze Holdings (NYSEAMERICAN:AMZE) by 254.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 142,373 shares of the company’s stock after purchasing an additional 102,248 shares during the quarter. Geode Capital Management LLC owned approximately 0.71% of Amaze worth $54,000 as of its most recent SEC filing. Institutional investors and hedge funds own 23.00% of the company’s stock.

About Amaze

Fresh Vine Wine, Inc produces and sells low-carb and low-calorie wines in the United States and Puerto Rico. Its wine varietals include cabernet sauvignon, pinot noir, chardonnay, and rose. The company offers its products through wholesale, retail, and direct-to-consumer channels. Fresh Vine Wine, Inc was founded in 2019 and is based in Plymouth, Minnesota. Fresh Vine Wine, Inc operates as a subsidiary of Nechio & Novak, LLC.